PHAROL

- EUR (-)

- 15 min delayed data - Euronext Lisbonne

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	PHR
ISIN:	PTPTC0AM0009

PHAROL - Daily - Technical analysis published on 07/26/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

89%

My opinion

Bullish above 0.0435 EUR

My targets

0.0519 EUR (+9.96%)

0.0629 EUR (+33.26%)

My analysis

The strong short-term increase for PHAROL reinforces the current slightly bullish trend. As long as the price remains above 0.0435 EUR, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.0519 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.0629 EUR as an objective. Crossing it would then enable buyers to target 0.0657 EUR. A return to 0.0435 EUR would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The PHAROL rating is 0.0472 EUR. The price has increased by +9.77% since the last closing with the lowest point at 0.0432 EUR and the highest point at 0.0500 EUR. The deviation from the price is +9.26% for the low point and -5.60% for the high point.

0.0432

0.0500

0.0472

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this PHAROL chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

White line without lower shadow

Type : Bullish

Timeframe : Daily

Upside gap

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.0382	0.0416	0.0472	0.0519	0.0629	0.0657
Change (%)	-19.07%	-11.86%	-	+9.96%	+33.26%	+39.19%
Change	-0.0090	-0.0056	-	+0.0047	+0.0157	+0.0185
Level	Minor	Intermediate	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0413	0.0417	0.0423	0.0427	0.0433	0.0437	0.0443
Camarilla	0.0427	0.0428	0.0429	0.0430	0.0431	0.0432	0.0433
Woodie	0.0415	0.0418	0.0425	0.0428	0.0435	0.0438	0.0445
Fibonacci	0.0417	0.0421	0.0423	0.0427	0.0431	0.0433	0.0437

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0394	0.0398	0.0404	0.0408	0.0414	0.0418	0.0424
Camarilla	0.0407	0.0408	0.0409	0.0410	0.0411	0.0412	0.0413
Woodie	0.0395	0.0399	0.0405	0.0409	0.0415	0.0419	0.0425
Fibonacci	0.0398	0.0402	0.0404	0.0408	0.0412	0.0414	0.0418

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0299	0.0337	0.0367	0.0405	0.0435	0.0473	0.0503
Camarilla	0.0377	0.0384	0.0390	0.0396	0.0402	0.0409	0.0415
Woodie	0.0294	0.0335	0.0362	0.0403	0.0430	0.0471	0.0498
Fibonacci	0.0337	0.0363	0.0379	0.0405	0.0431	0.0447	0.0473

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	82.40
MACD (12,26,9):	0.0006
Directional Movement:	38.9286
AROON (14):	100.0000
DEMA (21):	0.0418
Parabolic SAR (0,02-0,02-0,2):	0.0396
Elder Ray (13):	0.0046
Super Trend (3,10):	0.0414
Zig ZAG (10):	0.0470
VORTEX (21):	1.1677
Stochastique (14,3,5):	90.38
TEMA (21):	0.0433
Williams %R (14):	-28.85
Chande Momentum Oscillator (20):	0.0056
Repulse (5,40,3):	11.5159
ROCnROLL:	1
TRIX (15,9):	-0.0953
Courbe Coppock:	11.77

MA7:	0.0422
MA20:	0.0411
MA50:	0.0421
MA100:	0.0475
MAexp7:	0.0429
MAexp20:	0.0419
MAexp50:	0.0431
MAexp100:	0.0469
Price / MA7:	+11.85%
Price / MA20:	+14.84%
Price / MA50:	+12.11%
Price / MA100:	-0.63%
Price / MAexp7:	+10.02%
Price / MAexp20:	+12.65%
Price / MAexp50:	+9.51%
Price / MAexp100:	+0.64%

Quotes : - 15 min delayed data - Euronext Lisbonne

This member declared not having a position on this financial instrument or a related financial instrument.

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